Total surplus:
A)can never be zero.
B)can never fall below zero.
C)is always above zero.
D)None of these is true.

Name: Total surplus: A)can never be zero. B)can never fall below zero. C)is always above zero. D)None of these is true.
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Question

Quizplus · Accepted Answer

Total surplus, which is the sum of consumer and producer surplus, can be zero if there is no trade, but it cannot fall below zero as it represents the net benefits to society from trade.

Total Surplus